Once the price of Bitcoin surges, you can see various groups rushing to buy in. But behind this, it actually reflects several hard-to-overcome weaknesses in human nature.
First is greed. Watching those numbers on the screen skyrocket wildly, it's hard not to imagine getting rich overnight, and risk awareness is instantly thrown out the window. As a result, people often chase the top.
Next is a lack of patience and discipline. You originally had a good investment plan, but seeing the numbers in others' accounts grow, you can't resist following the trend, and your own strategy collapses as a result.
Add to that overconfidence. Thinking you're smart enough to time your exit after chasing the rise, but you didn't expect market reversals to happen much faster than you imagined.
There's also the influence of the herd mentality. Hearing everyone around you talk about chasing the rise, you start doubting your own judgment, blindly following the crowd instead of thinking independently.
Finally, there's that deep fear—fear of missing out. Seeing others make money, it feels like something is stuck in your mind, and rationality completely gives way to impulse. Once this FOMO psychology takes over, it's very hard to turn back.
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Once the price of Bitcoin surges, you can see various groups rushing to buy in. But behind this, it actually reflects several hard-to-overcome weaknesses in human nature.
First is greed. Watching those numbers on the screen skyrocket wildly, it's hard not to imagine getting rich overnight, and risk awareness is instantly thrown out the window. As a result, people often chase the top.
Next is a lack of patience and discipline. You originally had a good investment plan, but seeing the numbers in others' accounts grow, you can't resist following the trend, and your own strategy collapses as a result.
Add to that overconfidence. Thinking you're smart enough to time your exit after chasing the rise, but you didn't expect market reversals to happen much faster than you imagined.
There's also the influence of the herd mentality. Hearing everyone around you talk about chasing the rise, you start doubting your own judgment, blindly following the crowd instead of thinking independently.
Finally, there's that deep fear—fear of missing out. Seeing others make money, it feels like something is stuck in your mind, and rationality completely gives way to impulse. Once this FOMO psychology takes over, it's very hard to turn back.